Community League of the Heights
People:
Community League of the Heights NYC portfolio
$645.7 million* – walkup 96%, elevator 1%, P5 1%; Manhattan 100%
273th largest portfolio by dollar value
754,804 sqft – walkup 85%, elevator 8%, P5 6%;
453th largest by SF
46 properties – Manhattan 100%
144th largest
816 residential units – Manhattan 100%
303th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $112 million
Borrower company: 1 for $383.6 million
Top Ten Associated Companies:
New York City Housing Authority (2), Local Initiatives Support Corporation (1), NYC Housing Development Corporation (1), Freddie Mac (1)
Top Ten Associated People:
Jonathan Gouveia (2), Barbara Libove (1), Brian Cheigh (1)
Recent activity as company:
• New York City Housing Authority sold 107 West 143rd Street and 111 West 143rd Street, Harlem, Manhattan for $6.8 million to Genesis Companies, Community League of the Heights and Lemor Development Group on September 26, 2024.
• Genesis Companies, Community League of the Heights and Lemor Development Group borrowed $383.6 million from NYC Housing Development Corporation and Freddie Mac for 164 West 147th Street, 2441 Adam C Powell Jr Blvd, 2453 Adam C Powell Jr Blvd, 2449 Adam C Powell Jr Blvd, 131 West 143rd Street, and others, Harlem, Manhattan on September 26, 2024.
• New York City Housing Authority sold 2537 Adam C Powell Blvd, 2441 Adam C Powell Blvd, 2453 Adam C Powell Blvd, 2449 Adam C Powell Blvd, 131 West 143rd Street, and others, Harlem, Manhattan for $105.2 million to Genesis Companies, Community League of the Heights and Lemor Development Group on September 26, 2024.
• Community League of the Heights borrowed $7.7 million from Local Initiatives Support Corporation for 500 West 159th Street, 531 West 160th Street, and 547 West 160th Street, Washington Heights, Manhattan on December 15, 2022.
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